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Zhejiang Zhongjian Technology posts Q2 profit

Zhejiang Zhongjian Technology Co. Ltd. said its normalized net income for the second quarter was 10.3 million yuan.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 8.2%.

Total revenue totaled 127.8 million yuan, and total operating expenses totaled 111.5 million yuan.

Reported net income totaled 15.3 million yuan, or 15 fen per share.

As of Nov. 20, US$1 was equivalent to 6.39 yuan.